Chemical Adhesives Market Key Highlights:
- Market Size (2024): USD 660 Million
- Projected Market Size (2034): USD 1,250 Million
- CAGR (2023-2034): 6.6%
Pricing Analysis:
- Price Growth
- Regional Variations
Volume Analysis:
Import-Export Data
- Major Importers
- Major Exporters
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
Price by Manufacturer
- Examination of pricing strategies adopted by various manufacturers.
Chemical Adhesives Market Definition
The chemical adhesives market is an integral segment of the chemical industry. This industry manufactures and distributes adhesives for holding different surfaces. Different types of chemical fibers are available in the market, including acrylic, PVA, polyurethanes, styrenic block, epoxy, EVA, and others. The various types of adhesive technology include water-based adhesives, solvent-based adhesives, hot melt, reactive adhesives, and others. This market is anticipated to rise significantly with the growth of the advanced chemical industry worldwide.
The demand for chemical adhesives has grown rapidly in the medical industry. In the medical sector, these substances bond medical products, surgical instruments, medical device labels, and surgical drapes. Also, the application of chemical adhesives has increased in the automotive sector. In the automotive industry, these substances are used for structural bonding, surface protection, securing HMIs, sealing, etc. Moreover, the increased demand for chemical adhesives from the construction and furniture industry has recently gained traction. Thus, the growing application of the sectors mentioned earlier is anticipated to boost the growth of the chemical adhesives market.
Advancements in plastic recycling technologies, along with research and development associated with sustainable adhesives, are expected to create ample growth opportunities for the market players in the upcoming days. In September 2024, Bostik launched a new range of packaging adhesives. These adhesives are developed for reducing carbon footprints and maintaining environmental sustainability.
Chemical Adhesives Market Segmentation:
By Type
- Water-Based Adhesives
- Solvent-Based Adhesives
- Hot-Melt Adhesives
- Others
By Application
- Paper & Packaging
- Building & Construction
- Woodworking
- Transportation
- Consumer Adhesives
- Leather & Footwear
- Others
Chemical Adhesives Market Companies:
- Eastman
- Evonik
- Kuraray Europe GmbH
- Soraton SA
- 3M
- LORD Corp
- Permatex
- Sika AG
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